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Doug Bereuter: “Our corporations are involved in producing very different types of exports. One of their operations in the United States…”

On the recordMay 1, 2002
Our corporations are involved in producing very different types of exports. One of their operations in the United States may face the fact that a product is obsolete or the whole sector has deteriorated, and we are not exporting anything in that product area, and resultantly we have large layoffs. But the other kinds of products or services that they produce which may need export credit financing for moving our exports abroad to keep those jobs safe in that sector. Mr. Chairman, that is the point that needs to be made. Our industries are very diverse in what they produce.
Said by
Doug Bereuter
Source
govinfo.gov

Editor's note · Context

Discussing the importance of export credit financing for diverse U.S. industries.

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